NOT LISTED FOR SALE

1709 Preston St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $55,000 - $69,823

3 Beds
1 Bath
911 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $25,000 $27 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $340/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • Some Wood Windows
  • Outdoor Storage
  • Combination Dining and Living Room

About This Home

As of January 2018

Great Investment property in South Parkway area !! Cash flowing as soon as you buy it . Currently renting for $600 . Drive by only , tenant occupied, make offer and put contingency upon inspection.

Last Agent to Sell the Property

Jeanette Lin

Pinnacle Realty License #318772 Listed on: 12/13/2017

Last Buyer's Agent

Justin Reed

River City Land Co., LLC License #328813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 911 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Philsar Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049025 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747D
  • MAAR Subdivision Name: PHILSAR BLK A
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 911
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Wood/Composition, Aluminum/Steel Siding, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.15
  • Lot Size: 77/30 X 149.34/197.7
  • Price Per Acre: 186000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 049025 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 26, 2018
Sold by
Golden State Capital Llc
Bought by
Satrner Gary
Seller's Agent
Jeanette Lin
Pinnacle Realty
Buyer's Agent
Justin Reed
River City Land Co., LLC
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%
Current Estimated Value
$59,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,706
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Truong Thach
Bought by
Golden Stone Capital Llc

Purchase Details

Closed on
Dec 12, 2014
Sold by
Titan Properties Llc
Bought by
Truong Thach

Purchase Details

Closed on
May 5, 2009
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Titan Properties Llc

Purchase Details

Closed on
Jan 14, 2009
Sold by
Freeman Lula Mae
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 25, 2002
Sold by
Ray Lee Investment Company Inc
Bought by
Freeman Lula Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,089
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
First Tennessee Bank Na
Bought by
Ray Lee Investment Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.89%

Purchase Details

Closed on
Aug 10, 2001
Sold by
Bennett Albert and Bennett Linene
Bought by
First Tennessee Bank National Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Satrner Gary $25,000 Saddle Creek Title Llc
Golden Stone Capital Llc -- Fntg
Truong Thach $15,000 None Available
Titan Properties Llc $5,600 None Available
The Secretary Of Housing & Urban Develop $43,173 None Available
Freeman Lula Mae $39,000 --
Ray Lee Investment Co Inc $19,000 Stewart Title Company
First Tennessee Bank National Assn $19,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Lula Mae $39,089
Previous Owner Ray Lee Investment Co Inc $19,000
Closed Freeman Lula Mae $2,869
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $25,000 -10.4% $27 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $27,900 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $292 $13,200 $2,000 $11,200
2024 $292 $8,600 $1,125 $7,475
2023 $524 $8,600 $1,125 $7,475
2022 $524 $8,600 $1,125 $7,475
2021 $530 $8,600 $1,125 $7,475
2020 $527 $7,275 $1,125 $6,150
2019 $527 $7,275 $1,125 $6,150
2018 $527 $7,275 $1,125 $6,150
2017 $299 $7,275 $1,125 $6,150
2016 $332 $7,600 $0 $0
2014 $314 $7,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Lin

    Seller's Agent in 2018

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    241 Total Sales

    Jeanette Lin
    Section Image

  • J

    Buyer's Agent in 2018

    Justin Reed

    River City Land Co., LLC

    (901) 395-4384

    59 Total Sales

    Justin Reed
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017158

Memphis Area Association of REALTORS®

APN: 04-9025-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

1709 Preston St, Memphis, TN

This home is located at 1709 Preston St, Memphis, TN 38106 since 13 December 2017 and is currently estimated at $59,706, approximately $65 per square foot. This property was built in 1949. 1709 Preston St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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